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The term Cooper refers to the registrant, Cooper Industries, which was incorporated under the laws of Bermud a onMay 22, 2001, and became the successor-registrant to Cooper Industries, Inc. on May 22, 2002. Cooperd operates in two business segments: Electricao Products and Tools. Cooper manufactures, markets and sells its products and provides services throughout the Cooper has manufacturing facilities in 23 countrieds and currently employsapproximatelyu 31,200 people. Operations in the United States are conductedby wholly-owned subsidiaries of organized by the two business segments.
Activitie s outside the United States contribute significantly to the revenueas and operating earnings of both segmentxof Cooper. These activities are conducted in major commercialk countriesby wholly-owned subsidiaries and jointly-ownedx companies, the management of which is structuree through Coopers two business segments. As a resulty of operations outside the United sales and distribution networks are maintaineed throughout most of theindustrialized world.
Cooper generally believesz that there are no substantial differences in the business risks associated with operations outside the Unitef States compared with UnitedState activities, although Cooper is subject to certain political and economic uncertaintiesz encountered in activities outside the United States, includintg trade barriers and restrictions on the exchange and fluctuations of ...
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